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.m. >>> republicans and democrats raided accusations over who is to blame for the fiscal cliff. john boehner and president obama and nancy pill low city blamed the republicans. >> we had a serious proposal based on president clinton's chief of staff. there is no counter offer from the white house. unstead, reports indicate that the president -- instead, the president has deliberately walked our economy right to the edge of fiscal cliff. >> he said democrats are slow walking the economy to the fiscal cliff, yet, this is the same republican leadership that has the house in session barely a day. barely a full day this week. >> the fiscal cliff is the term that is given to a set of spending cuts and tax increases that will take effect in january if congress does not act to stop them. >>> investigators are trying to determine what happened before a football fan fell or jumped from the third deck at the oakland coliseum. he fell to the concourse during last night's broncos, raiders game and taken to the hospital with serious injuries. they called it an accident and it remains under investigation.
of the house john boehner are getting closer to reaching a deal to avoid the fiscal cliff. john boehner says last week's offer stands and it doesn't include higher tax rates on the wealthy. the white house says there can't be a deal without the increase. >> people are disgusted at the notion of a fiscal cliff took their feelings to the streets today. [ singing ] >> 75 protesters rallied downtown at noon and the raging grannies sang. the demonstration was organized by the american dream counsel and moveon.org. they are asking the public to contact john boehner. >> we are focusing our rally on john boehner and asking him to pay attention to what is good for the country instead of protecting himself. >> the group says they will target any lawmaker who tries to cut a deal over the fiscal cliff. >>> thousands will pause saturday to remember those who lost their lives serving our country. [ bagpipes playing ] >> the kickoff was held today at the state capttle. -- capital. >> makes you quietly think that, one, you are glad to be an american, you have to say thank you to these individuals who gave t
away from falling off that fiscal cliff. the president and house speaker john boehner metaphor talks over the weekend and -- met for talks over the weekend and are we any closer to a deal? >> reporter: the talks get closer by the day and details are not being released about their conversation but we know a an agreement was -- an agreement was released. president barack obama wants to extend tax cuts for the middle- class but raise rates on individuals who make more than 200,000 a year or households that make more than 150,000 a year. while it is not enough allison burns ktvu channel 2 morning news. >>> new this morning, north korea is extending the long range rocket for another week. scientists found a technical deficiency in the rocket. the u.s. believes they are testing technology that could be used to strike the mainland but the launches are aimed at putting a piece full satellite into or bit. >>> and official say and as you know he spent 27 years in prison and became the first black president in 1994 and nelson mandela has since retired from public life. >>> a former head of the
been made in the case. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men
. are they any closer to a deal on the fiscal cliff. >>> and dr. j's the center of the royal hoax break their silence. >>> and hoveling villagers -- and how villagers in india help rescue this massive elephant. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. forest officials and villags worked together to rescue oe . >>> it is a happy ending for three elephants in india. they were trapped in a big mud pit here. the adult male had been there for three days before receiving medicine and vitamins. in another part of india, a female and a calf fell into an open well in the out skirts of the village. a mother struggled to to get them out of before an earth mover got them out. they weigh a lot. >> they do. it takes a lot of work and effort to rescue the elephants. >>> weather wise, you came back on a lovely day, didn't you. >> did you guys like yesterday. >> yesterday was good. >> we're going to hit ditto o
are now 23 days ahead of the fiscal cliff deadline. house speaker john boehner said no progress was made yesterday. the main sticking point is still about tax cuts that are set to expire. also the president's demand that wealthy pay more. the uncertainty of what will happen is starting to have an impact on charities. donations of down. >>> the food pantry at the saint anthony foundation in san francisco is in good shape but overall donations are down for the year >> we are a little behind where we would like to be or budgeted to be. >> the director said the charity has seen interesting trends this holiday season that may have to do with the impending fiscal cliff >> we are seeing people who have never given us a stock donation before stepping up and making that kind of gift to us. >> they could be concerned that the tax deductions for charitable giving would be cut next year, saving the government money. private wealth advisor said it can make sense to get nor bang for your donation buck. that would help charities this year but people may be less generous in years to come. >> people who
the fiscal cliff deadline. house speaker john boehner said no progress was made yesterday. the main sticking point is still about tax cuts that are set to expire. also the president's demand that wealthy pay more. the uncertainty of what will happen is starting to have an impact on charities. abc7 news reporter tells us donations are down. >>> the food pantry at the saint anthony foundation in san francisco is in good shape but overall donations are down for the year >> we are a little behind where we would like to be or budgeted to be. >> the director said the charity has seen interesting trends this holiday season that may have to do with the impending fiscal cliff >> we are seeing people who have never given us a stock donation before stepping up and making that kind of gift to us. >> they could be concerned that the tax deductions for charitable giving would be cut next year, saving the government money. private wealth advisor said it can make sense to get more bang for your donation buck. that would help charities this year, but people may be less generous in years to come. >> people wh
be only two people at thefully negotiating at the fiscal cliff negotiating table. john boehner only wants to negotiate with president obama. hes has asked that senate leaders and nancy pelosi be kept away from future talks. even those excluded those say clearing the negotiating room will improve the chance for success. >>> the closely-watch the unemployment report came out -- watched unemployment report came out. it was better than expected. they added 146,000 jobs in november. the unemployment rate fell. coming up -- how this affects the fiscal cliff negotiations. >>> the s.w.a.t. team surrounded an apartment late last night. we don't have any other details, but the s.w.a.t. activity ended around 2:00 a.m. no word if any arrests were made. >>> a labor dispute at oakland international airport could erupt into a full-blown strike during holiday traffic. union members picketed yesterday on behalf of nonunion members who they say have been mistreated. this coincides around one of the busiest times of the year at the airport. >> this is a busy time of year, a lot of passengers coming in and o
the fiscal cliff. ktvu house smoker john boehner could be facing an uphill battle within his own -- >> reporter: speaker boehner -- certainly talk here that some republicans could revolt if speaker boehner caves to pressure from the white house to raise tax rates on the wealthiest 2% of americans. and while he's certainly had not agreed to that some are promising to block it. tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman dancing around. the station was also in trouble last year for allowing some fi
. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're not going to be able to get a deal without it. >> reporter: republicans want smaller tax increases overall and no movement on higher income tax rates. they want to cut unnamed tax bre breaks and deductions, which they say will do more to boost economic growth. the white house considers the proposal and economic rationale behind it laughable. >> we don't know what we're talking about in terms of actual legislation to increase revenues. it's magic beans and fairy dust. >> reporter: republicans answered back ba-humbug. >> this is absolutely not serious and the administration knows it. >> reporter: six governors, three from each party, met the president and said acid they believe business leaders in their states won't invest and hire until a deal gets done. >> until this gets resolved in a way that's not
over that information. >>> with the fiscal cliff getting closer and house speaker john boehner's talking about a very short deal and there is time for congress to acts. >>> big tides for california are coming in soon and they are called king tides and they will peek thursday morning. the water will cover beaches entirely. instead of the water lapping up on sand it will be hitting the docks and they believe this is what california will look like some day if globe pal warming raises the sea levels. >>> we are talking about the pay bridge, it is all picked up? >> yes if you are trying to hit the road you should not be worried about any road work but of course we are here to find out about troubled spots. let's look at 880 westbound and you can see traffic is moving well out to the mcarthur maze with no major issues getting onto the bay bridge and toll plaza and that traffic is moving along nicely on into san francisco with no major problems. we also have a look at 280 and san jose and 101 and 285 are off to a great start and hopefully it will stay this way but as more people get o
speaker john boehner, says there has been little progress. >> when it comes to the fiscal cliff threatening our economy and threatening jobs, the white house has wasted another week. >> democrats show no signs of backing off from supporting the president's hard-line stance on raising the incomes tax rate for the rich. >> we democrats realize there have to about two sides to the bargain, but in 2011 we put both revenues and cuts on the table. >> but one republican senator revealed this week that tax increases might help solve america's debt crisis. so far the g.o.p. has stood imeps raising taxes. >> what we ought to be working on is the other 93%, because if you want to do what he wants on tax rates, you affect% of the deficit. we have spent ourselves into a hole and we're not going to raise taxes and borrow money and get out of it. so, will i accept a tax increase as a part of a deal to actually solve our problems? yes. ago am -- >> ama: the federal government is planning for the possibility of cuts. the white house ordered the military to plan on slashing 500 billion from the m
is investigating this shooting. >>> continuing coverage now on the looming fiscal cliff. president obama met private lily with john boehner at the white house. aides say the lines of communication remain open. it was the first time the two men had met privately since election day. this morning, a republican senator hinted president obama's plan might work at least to change the debate. >> a lot of people are putting forth a theory, and i actually think it has merit, where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> congress has three weeks to prevent automatic tax hikes for all americans, and drastic cuts in federal spending. >>> there is no plan to change a controversial practice of changing votes after a practice passes or fails. about half of those sworn in last week are new to the job. during the past session, aseem belie members changed their votes more than 5,000 times. the practice does not affect the outcome of a bill but it disallow lawmakers to hide or distort th
and house speaker john banner and the fiscal cliff in a this side seems willing to bend. the president insisting that the expiring tax cuts be renewed for all but the wealthiest americans. the republicans insisting they're deeper cuts in entitlement programs like medicare. neither side has given the very many specifics of what they plan to cut. a likely compromise would include tax increases on the top tax bracket from 35 to 37%. and cigna because the medicare and the debt ceiling is also looming in these talks. the treasury saying the u.s. is likely to hit its 16 part 4 trillion dollar debt limit by the end the year. the treasury could use of credit measures that would stave off any u.s. debt default until mid february. a lot to deal with for congress. they have to get a deal done. they really only have the next week and half before they go on recess. as far as where the talks are right now? they are nowhere. >> we will be back in a couple of minutes. watching wall street the dow finished with a modest gain of 15 points. dow futures are up 35 ahead of the opening bell. we're getting o
boehner met today to discuss the impending fiscal cliff. they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic. >> she is worried mandatory budget cuts would hurt food safety inspection. >> he was in the hospital for three weeks. >> she and her babies got poisoning from meat she ate while pregnancy. the cdc says contaminated food sickens 38,000 people a year, 3,000 people die. so the fda are charged with protecting the food supply. an 8.2% budget cut translates to a combined $157 million. >> there's no word exactly what cuts would mean to inspector staffing. >> both the fda and usda-already stretched thin when it comes to inspection activities. they need increased resources, not fewer resources. >> agencies all say they're stretched. >> he is w
an internet broadcast from the detention center over the weekend. >>> the effort to avoid the fiscal cliff comes down to two men, president obama and house speaker john boehner held a face to face meeting at the white house and more meetings are expected. the main sticking points remain, raising taxes and cuts to the entitlement programs. republicans are signaling a willingness to raise rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing we don't have a lot of cards as it relates to the tax issue before year end. >>> house republicans still oppose raising taxes under the top 2 person under many circumstances and democrats are skeptical about rushing through entitlement reform. they agreed not to discuss their talks but say the lines of communication remain open. >>> it's 5:20. it wasn't a pretty win but it was a win. kaepernick rebounding. >>> and call it one one of the worst free throws ever. >>> and what's cool about your school, you can nominate your school on our web site, and we may feature your school on our web site. come back, check it
speaker john boehner will the looming fiscal cliff. neither side would offer details, but say that the lines of communication remain open. meanwhile the head the mff international monetary fund wants it fixed for the long- term. >> reporter: the crt of the international monetary fund said a more comprehensive solution is need. imf chief christine le guard said it must do more than avoid the fiscal cliff to get america's economy growing again. >> there is still that degree of uncertainty that fuels doubt, that prevents investors and entrepreneurs and households from making investments because they don't know what it will be. >> house speaker john boehner complains there has been no progress in avoiding the most immediate crisis. >> when it comes to the fiscal cliff that is threatening our economy and threatening jobs, the white house has wasted another week. >> reporter: democrats show no signs of backing off from supporting the president' hard line stance on raising the income tax rate on the rich. >> we democrats realize there has to be two sides to this bargain, but we'r
on friday and saturday nights last summer. >>> the fiscal cliff deadline is 23 days away. john boehner says no progress was made yesterday. the uncertainty of what will happen is starting to have an impact on charities. >> the food pantry is in good shape but over all donations are down. >> the interim executive director says the charity has seen interesting trends this holiday season that may have to do with the impending fiscal cliff. >> we're seeing people who have never given us a donation before stepping up and making that kind of gift to us. >> reporter: they could be concerned that the tax deduction for charitable giving would be cut next year saving the government money. george says it can make sense to get more bang for your buck. that would help charities this year but people may be less generous in years to come. >> people who would like to donate some this year and potentially some next year may try to double up and donate more this year. >> reporter: but the uncertain future is causing fear. >> many people are afraid to make any move so there is patrol system because you don't
a private phone conversation he had with president obama last night about that fiscal cliff situation. >> there were some offers that were exchanged back and forth yesterday. you know, the president and i had a pretty frank conversation about just how far apart we are. >> now, coming up for you at 7:45, political analysts jamie dupree will tell us about the two words we are not hearing in the fiscal cliff negotiations. >>> 7:36. software company founder john mcafee could soon return to the united states. his attorney says a guatemala judge has ruled that mcafee adetention in that country is illegal and he could be released as soon as today. mcafee was detained in guatemala last week after entering the country illegally to avoid police in belize who wanted to question mack afy about the fatal shooting of his neighbor. mca -- mcafee has said he wishes to return to the u.s. so he can live in peace. >>> continuing coverage on the shooting in portland, oregon. here's more. >> reporter: good morning, tori. the mall here is closed at this point while police continue their investigation and w
. >> just three weeks of to the fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house today to discuss a deal. the president and the speaker refused to discuss details about the meeting. some republicans and now putting increased pressure our party leaders to rethink opposition to tax hikes on the wealthy is taking get entitled meant cuts in return. many house republicans refused to support tax cuts under circumstances. the cresdemocrats have been settled out rushing through entitlement hewlett-packard is up 4%. the stock up to $14.35 at we have rumors floating that carl icon is buying up shares in the company. >> we will be watching closely. will be back at 915 with our financial analyst raw black. >> traffic backed up on this bug in morning 101 both about rep the 87 interchange. >> our financial analyst rober black will have more on wall street when we come back. p0jg welcome back the time is 8:09 a.m.. if you like to turn holiday shopping into a last minute marathon macy's is willing to help you out. the department store chain wi
at the white house to discuss how to resolve the fiscal cliff. >> few details were released about the meeting yesterday. >> if lawmakers fail to strike a deal before the end of the year, tax increases and spending cuts will go into effect. some analysts say could push the economy back into recession. >> the latest count finds the number of homeless people stayed about the sanctions in january of 2011 and january 2012. the house and other rebel the provinces a sluggish economy as some what countered affect the house the homeless that numbered being around 633,000 people. the percentage of homeless vets as well as those homes for more than a year each dropped by 7 percent. the obama administration has set a goal of eliminating homeless veterans and chronic homeless as by the end of 2015. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new
in the country. >>> there have been no public comments in the past couple of days about the "fiscal cliff" negotiations which may be a good sign. house speaker john boehner the president are the only parties negotiating right now and no details have leaked out. today congressional democrats will hold a press conference to urge republicans to preserve medicaid funding in the final deal. republicans say cutting entitlement benefits is necessary to curb the country's deficit. >> social security, medicare and medicaid, it is not even on the table. that is our message. >> whoo! >> in 15 cities across california workers and community leaders have been rallying including here in san francisco. they are urging congress to save social safety net programs and increase taxes on the wealthy. >>> south carolina's governor may have closed the door on comedian steve colbert's senate dreams. colbert has been urging fans to pressure governor nickie hailey into picking him for the senate seat to replace jim demint who is retiring. a poll shows colbert is the favorite in the state but the governor has not c
to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wondering where are all the workers? black bear diner is set to open a restaurant in emeryville next month. the owners have been holding job fairs to fill the more than 100 positions. but so far, they say, the turnout has been unexpectedly low. >> totally different response than what we exp
to averting the fiscal cliff. president obama telephoned house speaker john boehner tuesday afternoon.rnoo sources describe the exchange as tense. at issue a new republican budget budg proposal, one that came after mr. obama sent an offer to mr. boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all
-called fiscal cliff it is going on behind the scenes. speaker of the house john boehner is waiting to hear a counter offer from president obama since the republican plan was delivered on monday. >> reports indicate the president adopted a strategy to slow walk our economy to the edge othe fiscal cliff. -- edge of the fiscal cliff. >> vice president joe biden said a deal could be done in 15 minutes. he made the comments during a lunch with people the white house described as middle class. >> couple hundred bay area senior citizens made noise today about the fiscal cliff. [ music playing ] >> they held a flash mob in front of the federal building in downtown san francisco. they are rallying for social security, medicare and medicare. they support the president's plan. >>> another winner. what we know about the latest person to claim a huge power ball jackpot. >> the weather is looking nice. the warmest day of the weekend and when shower chances return in the five-day forecast. >> parents complain their daughters are being bullied. we will tell you what is happening at a middle school. [ laug
is the impending fiscal cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital today. he became south africa's first black president in 1994. >>> well an unexpected find in san francisco's bay is stirring some excitement. signs of the marine life in the water's off of vallejo were one particular ball. it has been spotted in more than a century. cbs 5 reporter with this fine and what it could mean. >> reporter: the city of vallejo was dredging the public marina when they dug something up. something no one exp
proposals on the end of the year avoiding the fiscal cliff. they offered a new proposal offering the tax revenue to lower it to 4.1 trillion. house speaker john boehner disclosed his offer yesterday. >>> and they are now planning ongoing public. that story is and coming up at 5:05. right now it is 4:46, john mcafee could soon return to the united states. he said a guatemala judge said his detension is illegal. he was detained after entering the country illegally to avoid detention in bail lease about -- belize about the questioning of his neighbor. >>> police are getting stonewalled. a burglary or burglars bashed in a store with sledge hammers from the fine jewelry department. the alarm was tripped but they did not arrive until later. >> it would be helpful, the sooner the better and we would like to recover the jewelry. >> the same store was hit a few years ago. it was hit near macy's just a few years ago. and the shopping store in broadway plaza could be improved. >>> and yahoo e-mail has a new look that is designed to make it easier and use. yahoo remains the top e-mail service but go
that forecast, lawrence. >>> a positive sign in the "fiscal cliff" negotiations. president obama and house speaker john boehner have spoken on the phone. the president also met yesterday with ceos of some of the nation's largest companies hoping to convince them of the need of higher tax rates on upper income americans. >> we are not insisting on higher rates out of spite or bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor echoed of thoughts of his fellow republicans saying more needs to be done about spending. >>> the colorado movie theater where a gunman opened fire during the latest batman movie will finally reopen next month. aurora's mayor says the cineplex will open to the public on january 18. movie theater plans to run free movies for the first couple of days. you may recall 12 people were killed, 58 others injured, when holmes allegedly james holmes opened fire allegedly in july. >>> same-sex marriage is legal in washington signed into law last night by the governor. dozens of people got marriage licenses at the courth
for you live. >> watching what's happening in washington today with the fiscal cliff. another round of negotiation between the white house and speaker john baker. aside is willing to bend. the president insisting that expiring tax cuts be renewed for everyone except for the wealthiest americans. republicans insist on deeper cuts in entitlement programs like medicare. neither side is given any specifics on what they're planning to cut. a likely compromise would include tax increases on the top tax bracket from 35 to 37 percent, not the 39% the president is asking. significant cuts to medicare to go into effect. the debt ceiling is also looming in these talks. the treasury say the u.s. is likely hit its 16.4 trillion dollar debt limit by the end of this year. the treasury could use creative measures that would stave off in the u.s. debt default until mid february. as far as where we are with these talks right now watching 10? we are basically nowhere. and is looking more likely that we will go off the fiscal cliff at the end of the year. 706 a m right now and we'll be back with more i
the fiscal cliff rchl the two kids any closer to a deal. >> coming up, fema gives the cold shoulder to people in crisfield still suffering after hurricane sandy. that story as eyewitness news continues. >> sharon gibala here with wjz traffic control. if you're about to head out now is the time we usually start seeing delays on the road. right now over the tim. >> in for marty bass in the first warning weather center. the cold temperatures are settling in. your complete first warning weather forecast coming up. >> holiday movies are poping up all over tv. actor an dri mccarthy tells us about his. stay tuned the . >>> it is 6:30. it's a much colder morning than it's been any morning this week. that's live look at the southwest corner of the city. sharon will take care of the other roads and it's tim williams in for bernadette woods who is in for marty bass who is over at first warning weather. >> that gets us there. sure does. today our temperatures are on the cold side. we're looking at 28 degrees starting off. 24 now in oakland 29 elkin, 3 1 on the shore. our forecast high today in the mid 40
boehner met to try to prevent the fiscal cliff, due to kick in on january 1st. the main sticking points remain raising taxings on the wealthy and cuts to entitlement programs like medicare. they are accepting that wealthy americans will get a tax hike. they have asked congress to work through the hold daybreak. >>> the federal reserve is expected to announce an expansion of the stimulus program this week. experts predict the fed will extend the program of buying $85 billion of securities each month into the new year the announcement is expected tomorrow or wednesday. >>> and a new service shows pay for college presidents continues its up ward climb. the chronicle of higher education studied data from 2010 and the median compensation rose about $400,000. that's up nearly 3%. for those of you about to go into college or starting college, may want to think of that for a career. pays pretty well. >> 400 grand, that works for me. >> no kidding that sounds good. thanks so much. >> see you guys. >>> it is 6:48, time to take a look at what's coming up a little bit later on cbs this morning. >>>
of congress as they try to come up with a deal to avoid the fiscal cliff. he said he and president obama talked and said it is clear that serious differences remain. republicans want tax cuts and reduced spending on programs. >>> they hopefully will remember this wedding anniversary date. 12/12/12. >> witness the marriage today. >> at courthouses al around the to get married. one couple came to the courthouse found all the bookings in city hall were taken. it is the same month, day and year are considered lucky. >>> today on channel news at five. this is a live look from chopper two. lots of officers. oakland police. told us this is a marijuana grow house. they found 700 plants in and cash. and reporter is just getting to the scene. what we learned about the bust and tied to the grow operation at five. thank you for trusting the news at ktvu. >-.yĆ·$@y+o3vhpe
to pay dues as well. they mut acaroid a fiscal cliff. they are lowering the number from $6 trillion to 1.4 trillion and house speaker john boehner offered a counterproposal yesterday. >>> gas prices keep falling here in the bay area and san francisco drivers are paying $3 and it's down 2 cents from yesterday. santa rosa drivers you are paying $3.55 per gallon and prices have dropped in the past 2:00 few months. and after that big fire in richmond, there was another scare out there and coming up, the flair that occurred and why the company said, well, it is nothing to worry about. >>> time to check back in with sal in the morning commutes, sal, how is it going? >> you may need the it, we want to show you southbound in oakland, it is a little bit slower than normal and we have not had a lot of crashes, just a little fender-benders and traffic is going to be a little bit busier and we have a 20 print delay -- 20 minute delay. this morning if you are driving on the peninsular, a lot of people are trying to get to the airport, you can use 101 and southbound 880 traffic is busy as you drive to
to go, are they any closer to a decision to prevent the fiscal cliff. >> for the first time in three weeks, a face-to-face meeting at the white house. today no cameras as the president sat down with john baner. no details are being offered which some will see as good news. the co creator of a debt reducing plan does see progress. >> anytime you have two guys in there and you have a chance to get it done. >> some republicans were admitting that the president will get a you lot of what he wants. joy let's face it. -- >> let's face it. he has the upper happened on taxes. the upper hand on taxes. >> why the compromising words? the white house moderated demands. the president says tax rates for the wealthy have to rise, but now word that the actual rate could be negotiatable! >> will i accept the tax increase as a part of a deal to actually solve our problems? yes. >> the problems according to republicans entitlement. and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher
to a decision to prevent the fiscal cliff. >> for the first time in three weeks, a face-to-face meeting at the white house. today no cameras as the president sat down with john baner. no details are being offered which some will see as good news. the co creator of a debt reducing plan does see progress. >> anytime you have two guys in there and you have a chance to get it done. >> some republicans were admitting that the president will get a you lot of what he wants. joy let's face it. -- >> let's face it. he has the upper happened on taxes. the upper hand on taxes. >> why the compromising words? the white house moderated demands. the president says tax rates for the wealthy have to rise, but now word that the actual rate could be negotiatable! >> will i accept the tax increase as a part of a deal to actually solve our problems? yes. >> the problems according to republicans entitlement. and a leading democrat embraced a way to cut medicare costs. it is called means testing meaning those who make more would have to pay more for medicare. >> those with higher income and retirement could p
. >>> and now, we want to take you to washington to update you on the fiscal cliff tonight. 25 days from now, and today, something new. president obama and speaker of the house, john boehner, decided to take charge together. they dismissed other members of their parties, saying they will hammer it out together, try to move the deal forward. >>> and also today, encouraging new jobs report. employers added 146,000 jobs last month, defying the predictions and the disruption of hurricane sandy. the unemployment rate fell to 7.7%, that's the lowest level in four years. but tonight, 12 million americans are still unemployed. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, m
't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going over well with democrats and advocates for senior citizens. >> the option, for example, to raise the medicare age actually is bad policy and will increase costs, because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowers skyrocketing health care costs. in washington, danielle nottingham, cbs 5. >>> a hopeful sign for the economy, today is expected to be the biggest shipping day of the
. no discernible progress toward breaking the fiscal cliff stalemate. mr. obama left that drama behind and told supporters in suburban detroit the fiscal cliff is serious business. >> if congress doesn't act soon, meaning in the next few weeks, starting on january 1st, everybody's going to see their income taxes go up. >> reporter: boehner and house republicans want to preserve all the bush era tax rates due to expire at year's end, shielding everyone from a tax increase. mr. obama wants to raise them for households earning more than $250,000 a year. he has so far resisted gop demands for spending cuts to health care or education. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks and then we're asking students to pay higher student loans. >> reporter: even so, democrats worry mr. obama might cave to republicans, their biggest fear, the president will do what he considered in 2011, raise the eligibility age for medicare, a top house democrat monday warned the white house to tread lightly. >> now that would save a lot of mo
four weeks away from falling off the so-called fiscal cliff. talks in washington are going nowhere. some republicans are speaking out against the gop's plans to fix the problem presented this week by house speaker john boehner. dana bash has the details. >> rates are going up they have to go up. >> the fact that the house gop leaders propose raising $800 billion in taxes is ruffling feathers in their own party. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves entry in the president's proposal like it is serious. >> gop senator jim demint said anti-government anti- tax paris. >> there are some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> he is hardly the conservative upset with house republican leaders. the conservative action networks in this alert supporters sang card rep tell your representative tax hikes are not part of the solution. the e-mail included a not so subtle threat saying this infamous pledge cost george h. w. bush reelection. >> read my lip
'll wjz, wash -- wjz, washington. >>> president obama is selling his plan to avoid the fiscal cliff to auto dealers near detroit. >> i want us to bring down our deficits. but i want to do it in a balanced, responsible way. >> the president's latest campaign appearance follows a meeting with house speaker john boehner. sources tell cbs news, both sides remain hopeful. but little progress was made. the president has made has made clear, any deal must include the wealthiest americans paying more taxes. if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up and across-the-board spending cuts will kick in on january 1st. >> reporter: there are signs some republicans are now willing to compromise on taxes, if they can secure cuts to social security, medicare, and medicaid. >> you give the president the 2% he's talking about, the rate increase on the top 2%. and all of a sudden, the shift goes back to entitlements. >> reporter: one proposal under discussion, raging the eligibility age
there may be only two people at the fiscal cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks. and clearing a negotiating room improves the chances for success. just 25 minutes from now the closely watched monthly unemployment report will be released for november. coming up at 5:15 what economists say the numbers released this morning don't accurately reflect the current jobs market. >>> time now 5:05. reports an oakland church youth group visiting florida today is out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday. about an hour after arriving for a weekend youth conference. they are saying thieves broke into their van, stole $12,000 cash. one member of the group was able to have money wired to them so they at least spent last night in a hotel. there is no word yet if this group plans to come back to
cliff negotiating table. according to the new york times house speaker john boehner says he wants to negotiate directly with president obama. he has asked that senate leaders and house minority leader nancy pelosi be excluded from future talks and those say clearing the negotiating room clears the chances for success. f we have new unemployment numbers released just a few minutes ago. employers added 146,000 new jobs in november. the unemployment rate dropped to a four-year low of 7 .7%. coming up at 6:15 the factors that economists predicted would have a negative impact on the numbers but apparently did not. >>> time now 6:07. we are following this story. oakland church youth group traveling in florida they are out of money and their belongings because thieves broke into their van. a group of 24 teenagers and young adults were eating at a restaurant yesterday about an hour after arriving far weekend youth conference. someone broke into their van stole 12,000 cash. one member of the group says they were able to have some money mired so they -- wired so they did spend last night in
this evening to discuss the latest proposals how to avoid the looming fiscal cliff. both sides are feeling the pressure from the nation's top corporate executives. 150 ceos including the heads of boing, honeywell and general electric. they're urging a compromise that includes increased revenue even if it means raising tax rates. more de tails now according to the non-partisan tax foundation the average family of four in the bay area would pay about $74 hun more in taxes if there is no deal on the fiscal cliff. that is a tad lower in san jose. if democrats and republicans don't reach an agreement by the end of this year. >>> on wall street stocks rose for a fifth consecutive day. the dow industrial gained 78 points, nasdaq gained 35 led by apple's 2% gain. >>> some immigrant students could soon have their dreams of a college education become reality thanks to a big gift to uc berkeley. today uc berkeley announced a $1 million gift to provide scholarships for low-income, undocumented students. the students qualify for state financial aid but not federal grants or loans. undocumented immigran
. and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we ask the wealthiest americans to pay 2%. i won't comhe promice on -- compromise on that >> reporter: and then an official came on tv and said they could save money by making tax cuts to the food stamp program. >>> aig is selling off most of its profit and the government will end up with a profit of $22 billion, to many people's surprise. aig was rescued in 2008 just before it had to file for bankruptcy. now aig executives say the company may be able to pay a dividends to the shareholders by next summer. >>> we're learning about an up expected new fee that's part of the reforms. it's a temporary $63 per person fee designed to help pay for people with preexisting conditions. it will hit health plans affecting 9 0 million
in bridging the[take vo] >> washington has 27 days to figure out how to avoid the fiscal cliff.. no details have been released on that phone conversation....but all signs point to a continued stalemate . >> the president is ready, willing and able, waiting to be able to sit down and seriously negotiate this but they have to be willing to come to the table with specifics. i think the next 72 hours are critical. if he sits back and continues to play politics, that'll give we're going. [take vo] >> the big sticking point is taxes -- and whether to raise them for the wealthiest two percent of americans. john boehner says that won't solve a big spending problem. president obama meantmie, says congress can't tie fiscal cliff talks to upcoming debt ceiling votes. also, the military budget is on the table with a possible $500 million being set aside as a warning. stay with us, more news coming up. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and
of this "fiscal cliff" drama, they spoke yesterday raising hopes that formal talks will resume on how to to avoid across-the-board spending cuts and tax increases. we have been saying this for weeks. they will kick in if a budget agreement is not reached by year's end. >>> a number of state lawmakers had their cars fixed and you paid for it. lawmakers lost the perk of a free car about a year ago at least 37 of them deciding to buy the cars. that was an option. they have been using them when the state sold them. first they had all the cars repaired and maintained at state expense. $78,000 worth of work. >> as a taxpayer, you know, it's my money going to it so it's frustrating. >> doesn't sound fair. we work really hard for our money. >> we do. but a source in the legislature says the work was worth it. the state got more money when it sold the cars that were not bought by the lawmakers but had the repairs done. they got more money for those cars. so i guess it evens out. >>> same-sex marriage is now legal in the state of washington. dozens of gay and lesbians got in line to pick up marriage licens
of union workers in the country. >>> silence on both sides of the "fiscal cliff" negotiations could actually be a good sign that the negotiations are progressing. the house speaker john boehner, the president are the only parties negotiating right now. and no details have been released. today congressional democrats will hold a press conference to urge republicans to preserve medicaid funding in the final deal. republicans say cutting entitlements is necessary to curb the it uncountry's deficit. >>> northbound police are trying to figure out the motor -- new york police are trying to figure out the motive of a 2 p.m. afternoon murder yesterday. a 31-year-old man from los angeles was shot in the back of the head near central park. police say the gunman jumped into a waiting car and took off. >>> smoking marriage is now officially legal in colorado. -- smoking marijuana is officially legal in colorado. the governor declared the voter- approved amendment is now part of the state constitution. it allows anyone over 21 to possess up to an ounce of marijuana for recreational use or six pl
that fiscal cliff... of tax hikes and spending cuts gets triggered, negotiations still appear to be at a standstill, president obama told bloomberg news, the latest plan put forth by house speaker john boehner, simply does not add up. republicans have been equally dismissive of the last proposal from the president. tax rates on the wealthy remain the key sticking point between both sides. after a white house meeting tuesday, a bi- partisan group of governors expressed hope that an agreement will be reached soon. experts forecast economic turmoil in january, if a deal is not reached. >> john boehner took a break from the negotiations to help light of the christmas tree. eagle scout, from colorado springs helped out and there is. the crowd in cheers and the u.s. air force played " a christmas tree " and other holiday classics. this is a spruce tree from call rental white river national forest. it has 10,000 lights, ornaments and will be let in each night until the day after christmas. >> we are going to take a look at the golden gate bridge. dry roadways. the bulk of the
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